Manus it is all about the oil markets down here. We have had cracking conversations. They reckon it will be tough for the market to get above 64 a barrel. It is great to be back with you. On that trade discussion we are taking a look at the optimism around trade, catching a bid for safe havens as well as the reemergence of geopolitical risk with tensions rising in hong kong and the shooting of a protester. Manus we will get into the be hardoves, going to to get above 64. You have got the daily percentages of trade, aramco discovered more barrels and opecs outlook is not that great. You have got a couple of things we should keep an eye on. Gold, treasuries most important markets indicators. The worst week in three years last week. Slightly better this morning. Are thet positions highest since june this year. A little bit of a shift. People are worried about the rhetoric from donald trump. We have had the weakest shorts piling into the bonds but is it the right moment to do it . Nejra we
Build again. You want to see noises around the government bringing the deal back to the table with hopes they can pass the bill in a short space of time. As we have heard, if we do look welcome to daybreak europe. Lets get to those akzonobel like we are going into a long numbers. One of the key things to look at is that akzonobel said it is extension, the general election does become more likely. Making Good Progress toward its for sterling investors, that goal for 2020. Adds back uncertainty to the to that is a big question for the table. Election could perhaps investors, whether that goal can be met. That is something to look into. Thirdquarter revenue coming in at 2. 4 billion euros. Mean a pause if not a pullback a beat on the estimate of 2. 3 6 in sterling. What would it take sterling to 140 . Billion. Thirdquarter adjusted operating 140 is the top of the range. Income at 300 Million Euros. You have therio, that is softer than the estimate of 303. 8 Million Euros. Bill passing, yo
Commodities were on their way up. Ime for the morning brief citibank will be releasing its earnings. Will get Empire Manufacturing numbers for january and this afternoon President Trumps dr. Is going to brief reporters on the president s First Physical exam. Its all coming up today. Time for your daybreak first take. Global equities are rallying. We are waiting for those citi earnings. And the race to get a deal done in washington. Alix thanks for being here. The one im looking at is the equity rally. Rsi index versus the major indices. The s p is the yellow. The purple is european stocks and the white is the global world all in major over but territory. Is this going to be a Global Growth story . Are you going to say the word synchronized . I think synchronized and kick the can are sure to come up. We can get even more signs that the word of the day is euphoria at bank of Americas Fund manager survey for january shows that cash levels among Fund Managers fell to a fiveyear low. Share
Anticipated jobs number. What it means for the economy and markets. Shares of apple are up after they reported earnings after the bell of the well dig through the report and hear why tim cook is calling for a huge quarter on deck well go live to the long long lines of customers waiting for new iphones. And shares of starbucks under pressure after a less than stellar quarter. Well talk to Kevin Johnson and cnbc exclusive along with the 261,000 nonfarm jobs in october, significant upward revisions including september payrolls up 18 k after the initial readings showed a decline. It now means a record 85 straight months of job gains and unemployment goes to 4. 3, the lowest in nearly 17 years and average Hourly Earnings up 2. 4 we were looking for something closer to 2. 7 and interesting downtick in labor force, jim. Im going to stick with what we need on this and say youre going to get a rate hike on this if you can do this theres less slack its certainly not based on average Hourly Earni
Stepping down as the rupee plunges. Has india given up on the fight against inflation . Good morning. We are less than half an hour away from the European Equity market open. Looks like it is going to be a thumper if you are along these assets. You dont see this very often lets dwell on it for a moment. Ftse upcks are up 3. 1 , dax up byup by 2. 9 , 2. 8 . A shargh moved to the upside when it comes to european equities later on, and sterling is a big feature. For equities, absolutely on the front foot. Caroline phenomenal news that we saw, the Great British pound point biggest move we have seen since december, 2008, currently searching up against every single Major Trading ld currencythe wor ranker. We are seeing the weakness in the indian rupee is the Central Bank Governor steps down. He says he will step down in september when his term ends, managing to shape the indian rupee, as we hear that there is some state buying going on. The yen asg out of well, not going into the havens anym